CFPB Should Leave Cash Advance Users Alone

CFPB Should Leave Cash Advance Users Alone

The customer Financial Protection Bureau (CFPB) is completing brand new laws that could eventually power down payday loan providers, and there’s no indicator they’ll modification program. Some people in Congress have actually attempted to operate when it comes to state-regulated form of the industry, nevertheless the tide is against them.

Just last year, an advocacy team established an advertisement campaign through the Discovery Chanel’s Shark Week, painting the pay day loan industry as a lot of vicious predators. Continue reading “CFPB Should Leave Cash Advance Users Alone”